World Liberty Financial has launched USD1 natively on the Canton Network, according to Cointelegraph. The move places the stablecoin on Canton’s blockchain infrastructure while expanding the networks where USD1 is available. Industry data cited by the report ranks USD1 as the sixth-largest stablecoin, with a market capitalization of more than $4 billion. The launch links World Liberty Financial’s USD1 to the Canton Network, an asset relevant to market participants tracking stablecoin activity and blockchain adoption. USD1 and World Liberty Financial’s WLFI token are among the related crypto assets associated with the development. The report did not provide additional details on the launch’s terms or its immediate effect on trading activity. Market users can monitor USD1’s market capitalization alongside developments involving Canton Network as the new native deployment becomes part of the stablecoin’s ecosystem.
Source
Cointelegraph
This is an original Moneyiar brief based on the cited source.
Read original source ↗
